UK Finance response to the DCMS call for views on Cybersecurity in Supply Chains and Managed Service Providers

UK finance has responded to DCMS's call or view on the resilience of our supply chain environment and what further efforts are required by the Government to support UK in its fight for cyber resilience of businesses. Our response focused in 2 parts on the 27 questions posed in the call for views and on considerations for the DCMS as they look to form their response. We highlight and layout in detail, four significant areas for consideration namely the need for flexibility, clarity, transparency and expectations. It is important that DCMS understands the ongoing policy and supervisory statements from the UK authorities as well as the industry initiatives already underway which could potentially form the basis of good practice.

We look forward to continuing to work in collaboration with the regulators, government and our members on this very important topic.